João Mário

CafeCordoba

Moderator
Moderator
Joined
Mar 7, 2004
Messages
35,390
Likes
14,648
Favorite Player
Toro, Barella
10 years of FIF
I doubt it. We can just keep loaning him out until his contract expires.

That will end up costing us too as we need to pay those annual amortization fees. Not as much as the salary of course, but those amortization costs hurt us as we need new players and then we have these amortization costs for players who are not even in the team: Lazaro, Nainggolan, Joao Mario (Perisic was a different case as we got paid for the loan and he will be sold or kept most probably anyway).
 

ADRossi

Administrator
Administrator
Joined
Jul 17, 2010
Messages
19,019
Likes
20,065
10 years of FIF
Forum Supporter
That will end up costing us too as we need to pay those annual amortization fees. Not as much as the salary of course, but those amortization costs hurt us as we need new players and then we have these amortization costs for players who are not even in the team: Lazaro, Nainggolan, Joao Mario (Perisic was a different case as we got paid for the loan and he will be sold or kept most probably anyway).

You're thinking about this wrong. If you offer a player a golden handshake you immediately have to write-off the remaining value of the player as a one-time loss. So if Mario has 15M remaining as his book value, we can either amortize it at 5M a year for three years, sell the player and record a gain/loss, or, under your scenario, provide him a golden handshake and take a one time 15M loss. This makes no sense for the club to do. The only reason you ever offer a player a golden handshake if to save on their salary expenses, i.e. United with Sanchez.
 

CafeCordoba

Moderator
Moderator
Joined
Mar 7, 2004
Messages
35,390
Likes
14,648
Favorite Player
Toro, Barella
10 years of FIF
You're thinking about this wrong. If you offer a player a golden handshake you immediately have to write-off the remaining value of the player as a one-time loss. So if Mario has 15M remaining as his book value, we can either amortize it at 5M a year for three years, sell the player and record a gain/loss, or, under your scenario, provide him a golden handshake and take a one time 15M loss. This makes no sense for the club to do. The only reason you ever offer a player a golden handshake if to save on their salary expenses, i.e. United with Sanchez.

Golden handshake scenario is that we sell Joao Mario to a lesser club which cannot offer same salary he's having now. Thus the golden handshake. However we won't do other loss than the paid golden handshake as the transfer fee will be his book value (doesn't make much sense to sell for less).

Loaning scenario is that we save the salary, but write-off the annual amortized cost of let's say 5m€, that will be the loss for the year he's on loan. Unless it can be mitigated with a loan fee.


Benfica link is interesting. They are investing massively to the team for the coming season. Jorge Jesus to the coach, Everton Soares from Gremio, Veigl from BVB, Verthongen from Spurs and possibly Cavani also. Dunno how they got this much money, but hopefully they have some extra dough for Ciao Mario. :)
 

ADRossi

Administrator
Administrator
Joined
Jul 17, 2010
Messages
19,019
Likes
20,065
10 years of FIF
Forum Supporter
United technically just gave Sanchez a golden handshake, which is the more common situation. That is, they terminated his contract by mutual consent and paid him to do so. So not only do they take a loss on his remaining book value, but they also owe him whatever salary balloon payment they negotiate with him.

I can't think of a scenario I've ever seen where a player is sold to a different club and the selling teams gives the sold player cash to go away.
 

CafeCordoba

Moderator
Moderator
Joined
Mar 7, 2004
Messages
35,390
Likes
14,648
Favorite Player
Toro, Barella
10 years of FIF
United technically just gave Sanchez a golden handshake, which is the more common situation. That is, they terminated his contract by mutual consent and paid him to do so. So not only do they take a loss on his remaining book value, but they also owe him whatever salary balloon payment they negotiate with him.

I can't think of a scenario I've ever seen where a player is sold to a different club and the selling teams gives the sold player cash to go away.

Yes, that's what they did. And that's what happens in "normal" transfers too. Contract is terminated by mutual consent. The addition to Sanchez type case is that the club is receiving a compensation from another club for terminating the contract with the player while that another club gets the freedom to sign a contract with the said player.

It is honestly quite normal that players get golden handshakes if they leave the club which pays him a higher salary he's gonna get in his new club. It's all about agreements. How much the player wants to leave on the table (0 - n euros) and who's going to pay the full compensation. Selling club might have to compensate the loss of euros in the player's new deal by giving him a golden handshake.

It might happen with us and Ciao Mario, hopefully it won't.
 

brehme1989

La Grande Inter
La Grande Inter
Joined
Jan 17, 2005
Messages
34,510
Likes
17,188
10 years of FIF
Nostradamus
Most Passionate Member
We should sell him for whatever amount and get done with it.

Iirc, his deal was 10m in advance, 30m as part of an obligation and 5m in bonuses, which means that his Inter contract was triggered in 2017 and it should expire in 2022, instead of next year. As it was an obligation, I'm not sure how the book value is calculated, but it should be 14m now.

We should sell him for 8-10m if we can, cut our losses and avoid covering part of his salary. The buying team wouldn't really be very willing to hike their end of the payment after two seasons, especially if they cover our book value. It's best if we take a small loss here and save it on his salary. He makes 2.7m net, which is slightly over 5m gross. If we can save 10m it should be fine if we take a loss of 4-6m in the book.

Hopefully Benfica, Porto or some PL club come to the rescue. There's a market for him, but not a very willing one.
 

Candreva Crosses

Allenatore
Allenatore
Joined
Feb 5, 2016
Messages
9,634
Likes
2,539
Favorite Player
Sheik Salman
Old username
EEeyOO
This guy reminds me of an exam that I had failed and had to re-do but I kept pushing it forward to last semester because I was too lazy to care but at the same time it was stuck on the back of my head.

That's fucking you Joao
 

CafeCordoba

Moderator
Moderator
Joined
Mar 7, 2004
Messages
35,390
Likes
14,648
Favorite Player
Toro, Barella
10 years of FIF
We should sell him for whatever amount and get done with it.

Iirc, his deal was 10m in advance, 30m as part of an obligation and 5m in bonuses, which means that his Inter contract was triggered in 2017 and it should expire in 2022, instead of next year. As it was an obligation, I'm not sure how the book value is calculated, but it should be 14m now.

We should sell him for 8-10m if we can, cut our losses and avoid covering part of his salary. The buying team wouldn't really be very willing to hike their end of the payment after two seasons, especially if they cover our book value. It's best if we take a small loss here and save it on his salary. He makes 2.7m net, which is slightly over 5m gross. If we can save 10m it should be fine if we take a loss of 4-6m in the book.

Hopefully Benfica, Porto or some PL club come to the rescue. There's a market for him, but not a very willing one.

Yeah his contract was extended at some point when he was loaned, to mitigate the annual amortizable cost and avoid situation where has only 1 year left of the contract when he returns from loan.

Benfica rumors are there and the latest is we could get 12m€ for him, though let's not start sucking each others' dicks quite yet.
 

.h.

Part time Lazarus
La Grande Inter
Joined
Jun 8, 2005
Messages
29,279
Likes
7,338
Favorite Player
Inter1-0Wanda
Old username
browha
Forum Supporter
10 years of FIF
as cafe said the biggest thing now is to just get rid of the amortization costs. we lose like 90mil a year between amortisation+salaries on players we have out on loan, shit is unacceptable. We could sign like 3 £100m players for that money.
 

CafeCordoba

Moderator
Moderator
Joined
Mar 7, 2004
Messages
35,390
Likes
14,648
Favorite Player
Toro, Barella
10 years of FIF
I think 90m€ is exaggeration but it's is a serious number we lose annually. Our annual amortization costs will only go up as we improve our squad so we really need to dump this deadweight contracts (deadweight contract = player who has lot of book value in our balance sheet and relatively big salary).
 

Il Drago

Moderator
Moderator
Joined
Dec 21, 2015
Messages
20,796
Likes
32,570
Favorite Player
Wesley Sneijder
Best Football Poster
Best Overall Poster
According to Sky, Inter have received an offer from Benfica for Joao Mario which will be evaluated in the next few days.
 

thatdude

Moderator
Moderator
Joined
Feb 18, 2010
Messages
19,730
Likes
9,987
10 years of FIF
FIF Special Ones
It’s probably a free loan with us paying half the wages
 

Wallace

Marotta FC
La Grande Inter
Joined
Jun 18, 2005
Messages
14,190
Likes
19
Favorite Player
Marotta
Old username
Wallace
Forum Supporter
10 years of FIF
Just bring him back, he is Euro 16 champion, the relevant experience Conte needs.
 

diamen

Capitano
Capitano
Joined
Oct 6, 2019
Messages
1,276
Likes
2,013
Favorite Player
Lord Darmian
there are rumors about anti-rivalry clause in Ciao Mario's contract and Sporting Lisboa will demand 30 mln euros if Mario is sold to another Portuguese team. I can't imagine worst transfer if that's true.
 

brehme1989

La Grande Inter
La Grande Inter
Joined
Jan 17, 2005
Messages
34,510
Likes
17,188
10 years of FIF
Nostradamus
Most Passionate Member
there are rumors about anti-rivalry clause in Ciao Mario's contract and Sporting Lisboa will demand 30 mln euros if Mario is sold to another Portuguese team. I can't imagine worst transfer if that's true.

These exist yes. You can also negotiate them. They won't budge, so he's not leaving for Benfica if that is the case :D
 

DARi0

La Grande Inter
La Grande Inter
Joined
Mar 20, 2007
Messages
10,747
Likes
4,804
Favorite Player
Beppe Marotta
10 years of FIF
It’s probably a free loan with us paying half the wages

Calciomercato: The offer arrived on the table of the Nerazzurri managers will be evaluated in the coming days once the Kolarov case is closed, but the Portuguese clubin fact, it offered the purchase outright for a sum of approximately 12 million euros. A valuation that coincides with the historic cost of the Nerazzurri club (just over 12 million having paid 45 million euros in the now distant summer 2016) and which will allow the Viale della Liberazione club not to record a capital loss beyond to save the 6 million gross of his salary.

PORTUGAL DIVIDED - An offer that, however, in recent days, has agitated the Portuguese press which remains divided on the presence of an "anti-rival" clause signed by Inter at the time of its purchase from Sporting Lisbon. According to Record, the clause does not exist and is instead only a right of first refusal in favor of the Leoes.

THE PENALTY EXISTS - To clarify, at least for now, it was the Sporting Communication Manager who confirmed the existence of the 30 million euro penalty against Inter in the event that they accept an offer from another Portuguese club. A strong mediation effort will therefore be needed to overcome this obstacle and free the Nerazzurri balance from the weight of the Portuguese card. :palm:
 
Top